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Author Topic: A Disastrous Week For MUBB Got A Little Worse  (Read 4501 times)

Not A Serious Person

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A Disastrous Week For MUBB Got A Little Worse
« on: April 18, 2019, 01:22:24 PM »
Big Money MU Donor (and money patron of the basketball program), Marcus Lemonis (aka "The Profit" on CNBC) was hit with a major shareholder lawsuit.

(Lemonis is an early 1990s MU grad)

Camping World Crashes After CNBC's Lemonis Accused Of Insider Trading
https://www.zerohedge.com/news/2019-04-18/camping-world-crashes-after-cnbcs-lemonis-accused-insider-trading

CNBC host Marcus Lemonis, aka 'The Profit', has been hit with a shareholder lawsuit in Delaware claiming that he and a well-known private-equity investor manipulated the market while taking an RV supply company public.

In a complaint unsealed yesterday, Bloomberg reports that the plaintiff - the Lincolnshire Police Pension fund - alleges Lemonis and Stephen Adams used a series of public offerings to cash out of Camping World Holdings Inc. without relinquishing their control of it, even though Camping World was “in no way ready to be a public company.
Western Progressives have one worldview, the correct one.

Jay Bee

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #1 on: April 18, 2019, 01:29:21 PM »
#FakeNews #Lies

The lawsuit is from last fall

Is 1995 the “early 90’s”??

Still over 30% higher than its 52wk low

Lawsuits like these are a dime a dozen
Thanks for ruining summer, Canada.

Avenue Commons

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #2 on: April 18, 2019, 01:30:34 PM »
Marcus is a mid-90’s grad.

This isn’t totally new. Situation should resolve. This isn’t a criminal situation.
We Are Marquette

Not A Serious Person

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #3 on: April 18, 2019, 01:31:20 PM »
#FakeNews #Lies

The lawsuit is from last fall

Is 1995 the “early 90’s”??

Still over 30% higher than its 52wk low

Lawsuits like these are a dime a dozen

So ... he has not cheated enough to impress Jay Bee.
Western Progressives have one worldview, the correct one.

Jay Bee

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #4 on: April 18, 2019, 01:32:19 PM »
So ... he has not cheated enough to impress Jay Bee.

You’re simply making stuff up and telling lies
Thanks for ruining summer, Canada.

Not A Serious Person

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #5 on: April 18, 2019, 01:34:38 PM »
Making up what?  Story dated today (in fact in the last hour or so).

Are you Marcus Lemonis?
Western Progressives have one worldview, the correct one.

fjm

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #6 on: April 18, 2019, 01:35:11 PM »
You’re simply making stuff up and telling lies

But JB. It’s Heisey. He’s allowed to.

Take him for his words! Not the facts!!!

Dr. Blackheart

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #7 on: April 18, 2019, 01:36:39 PM »

NorthernDancerColt

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #8 on: April 18, 2019, 01:39:21 PM »
#FakeNews #Lies

The lawsuit is from last fall

Is 1995 the “early 90’s”??

Still over 30% higher than its 52wk low

Lawsuits like these are a dime a dozen




Amen.
Plus, the Lincolnshire Police is one of the most lavish departments in America. They hire top rated law-firms, their fundraising is unparalleled, they should almost have their own ticker symbol on nyse. Their station looks like a corporate retreat. Wouldn’t doubt if this is how they augment their pension fund...by filing frivolous suits hoping one will stick.
Zenyatta has a lot....a lot... of ground to make up. She gets there from here she’d be a super horse......what’s this.....Zenyatta hooked to the grandstand side....Zenyatta flying on the outside....this....is...un-belieeeeeevable!...looked impossible at the top of the stretch...

Not A Serious Person

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #9 on: April 18, 2019, 01:41:09 PM »
Try this. 

Camping World was $46 in Dec 2017 (15 months), hit $11.18 on Dec 18 and is now $14.  but but but  ... it 30% off the low (and also 70% off the top).

This stock is showing no problem at all, right JB (Mr. Lemonis)?
Western Progressives have one worldview, the correct one.

Jay Bee

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #10 on: April 18, 2019, 01:43:50 PM »
Making up what?  Story dated today (in fact in the last hour or so).

Are you Marcus Lemonis?

If I write a story about the civil war and post it today, will you believe the civil war occurred today?
Thanks for ruining summer, Canada.

LloydsLegs

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #11 on: April 18, 2019, 01:45:26 PM »
Big Money MU Donor (and money patron of the basketball program), Marcus Lemonis (aka "The Profit" on CNBC) was hit with a major shareholder lawsuit.

(Lemonis is an early 1990s MU grad)

Camping World Crashes After CNBC's Lemonis Accused Of Insider Trading
https://www.zerohedge.com/news/2019-04-18/camping-world-crashes-after-cnbcs-lemonis-accused-insider-trading

CNBC host Marcus Lemonis, aka 'The Profit', has been hit with a shareholder lawsuit in Delaware claiming that he and a well-known private-equity investor manipulated the market while taking an RV supply company public.

In a complaint unsealed yesterday, Bloomberg reports that the plaintiff - the Lincolnshire Police Pension fund - alleges Lemonis and Stephen Adams used a series of public offerings to cash out of Camping World Holdings Inc. without relinquishing their control of it, even though Camping World was “in no way ready to be a public company.


That's a low blow, Heisy.

https://media.giphy.com/media/3oAt2051iMxcHOxpGU/giphy.gif

NorthernDancerColt

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #12 on: April 18, 2019, 01:47:28 PM »
If I write a story about the civil war and post it today, will you believe the civil war occurred today?

The lawsuit was filed last fall. Some quick research would have led him to market analysts positing that Camping World’s liabilities related to multiple acquisitions (I believe Gander Mt was one) has created short-term paranoia among uneducated investors....

Sounds like the Lincolnshire Police Pension fund to me.
Zenyatta has a lot....a lot... of ground to make up. She gets there from here she’d be a super horse......what’s this.....Zenyatta hooked to the grandstand side....Zenyatta flying on the outside....this....is...un-belieeeeeevable!...looked impossible at the top of the stretch...

JakeBarnes

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #13 on: April 18, 2019, 01:52:01 PM »
The lawsuit was filed last fall. Some quick research would have led him to market analysts positing that Camping World’s liabilities related to multiple acquisitions (I believe Gander Mt was one) has created short-term paranoia among uneducated investors....

Sounds like the Lincolnshire Police Pension fund to me.

+1.
Assume what I say should be in teal if it doesn't pass the smell test for you.


The Equalizer

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #14 on: April 18, 2019, 11:24:52 PM »

Lawsuits like these are a dime a dozen

How are they like Diener?

Coleman

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Re: A Disastrous Week For MUBB Got A Little Worse
« Reply #15 on: April 23, 2019, 10:37:13 AM »
Unless its coming from the SEC or federal prosecutors, big F'n deal.

This smells to high hell of the pension fund trying to get a settlement. Hope he doesn't give in.